US LNG exports surge but will buyers in China turn up?
George W. Carter, a director at SB Financial Group, Inc. (NASDAQ:SBFG), recently purchased 134 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The transaction, which took place on February 26, 2025, was valued at approximately $2,824, with a purchase price of $21.0764 per share. The purchase comes as SBFG stock has shown strong momentum, delivering a 55% return over the past year. The company currently trades below its Fair Value, according to InvestingPro analysis. Following this acquisition, Carter indirectly holds 1,127 shares through his spouse’s IRA, while directly owning 17,785 shares. The director’s continued investment aligns with analyst optimism, as they maintain a Strong Buy rating with a $26 price target. SBFG has demonstrated commitment to shareholder returns, having raised its dividend for 12 consecutive years, with a current yield of 2.76%. Additional insights and metrics are available through InvestingPro’s comprehensive research report.
In other recent news, SB Financial Group reported impressive financial results for the fourth quarter of 2024, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $0.52, exceeding the forecasted $0.36, and reported revenue of $15.45 million, which was significantly above the projected $9.8 million. Additionally, SB Financial completed the acquisition of Marblehead Bancorp, which is expected to enhance its market position. Notably, the company experienced a 13.7% increase in net interest income year-over-year. The acquisition of Marblehead Bancorp is anticipated to contribute positively to SB Financial’s earnings per share in 2025, according to the company’s projections. Analysts from Janney Montgomery expressed optimism about the company’s strategic focus on mortgage market expansion and loan growth. During the earnings call, SB Financial’s management outlined their plans for continued growth and efficiency improvements in 2025.
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